Is electricity getting more expensive in New York?
New York homes pay 3% more than in 2001 once inflation is removed. New York paid 14.04 ¢ per kWh in 2001 (25.52 ¢ in today's money) and 26.39 ¢ in 2025: +88.0% printed, +3.4% real. Rank 14th of 51 (1 = biggest real fall).
New York price since 2001
New York cents per kWh by year, 2001 to 2025: 25 rows
| Year | New York, 2025 dollars | New York, as printed |
|---|---|---|
| 2001 | 25.52 | 14.04 |
| 2002 | 24.25 | 13.55 |
| 2003 | 25.04 | 14.31 |
| 2004 | 24.78 | 14.54 |
| 2005 | 25.91 | 15.72 |
| 2006 | 26.97 | 16.89 |
| 2007 | 26.55 | 17.10 |
| 2008 | 27.38 | 18.31 |
| 2009 | 26.26 | 17.50 |
| 2010 | 27.67 | 18.74 |
| 2011 | 26.13 | 18.26 |
| 2012 | 24.71 | 17.62 |
| 2013 | 25.97 | 18.79 |
| 2014 | 27.29 | 20.07 |
| 2015 | 25.18 | 18.54 |
| 2016 | 23.58 | 17.58 |
| 2017 | 23.68 | 18.03 |
| 2018 | 23.74 | 18.52 |
| 2019 | 22.59 | 17.94 |
| 2020 | 22.84 | 18.36 |
| 2021 | 23.14 | 19.48 |
| 2022 | 24.29 | 22.08 |
| 2023 | 23.50 | 22.24 |
| 2024 | 25.07 | 24.43 |
| 2025 | 26.39 | 26.39 |
25 rows from EIA, BLS.
CSV| Year | New York as printed | New York in 2025 dollars | New York real change on the row above | New York against U.S. real price |
|---|---|---|---|---|
| 2001 | 14.04 ¢ | 25.52 ¢ | start | +63.6% |
| 2006 | 16.89 ¢ | 26.97 ¢ | +5.7% | +62.4% |
| 2011 | 18.26 ¢ | 26.13 ¢ | −3.1% | +55.8% |
| 2016 | 17.58 ¢ | 23.58 ¢ | −9.8% | +40.1% |
| 2021 | 19.48 ¢ | 23.14 ¢ | −1.9% | +42.6% |
| 2025 | 26.39 ¢ | 26.39 ¢ | +14.0% | +52.5% |
What would your New York bill have been?
Try your own New York bill
- 2010: 27.67 ¢ (2025 dollars), $162 a month for 584 kWh. 2025: 26.39 ¢, $154. $7 less a month, $90 a year.
- Scenario at +3.6% a year: 31.49 ¢ and $184 a month in 2030. Not a forecast.
What the New York numbers say
New York's biggest one-year real jump came in 2024 (+6.7%) and its biggest drop in 2015 (−7.7%); the New York price fell in 10 of 24 yearly steps. New York's real price last stood above today's 26.39 ¢ in 2014, at 27.29 ¢.
Most of the recent pressure on New York came after 2019: the real price rose 16.8%, from 22.59 ¢ to 26.39 ¢ in 2025 dollars. New York sat 63.6% above the U.S. average in 2001 (25.52 ¢ against 15.60 ¢); New York is 52.5% above it in 2025 (26.39 ¢ against 17.30 ¢).
Per year, New York moved +0.14% real and +2.66% printed over 24 years, against +0.43% real for the nation.
New York key numbers
| Measure | New York |
|---|---|
| New York 2001 price, as printed | 14.04 ¢ |
| New York 2001 price in 2025 dollars | 25.52 ¢ |
| New York 2025 price, preliminary | 26.39 ¢ |
| New York change as printed | +88.0% |
| New York change after inflation | +3.4% |
| New York real change since 2019 | +16.8% |
| New York real change since 2021 | +14.0% |
| New York highest real price (2010) | 27.67 ¢ |
| New York lowest real price (2019) | 22.59 ¢ |
| New York real change per year | +0.14% |
New York against its neighbors
New York: +3.4% real since 2001. States bordering: Connecticut +48.3% (44.9 points above New York); Massachusetts +34.5% (31.0 points above New York); New Jersey +21.9% (18.5 points above New York); Pennsylvania +9.7% (6.2 points above New York); Vermont −0.5% (3.9 points below New York).
Sources
EIA state data and EIA-861 give the New York prices; BLS CPI-U gives the inflation factor for New York. Retrieved 5 Oct 2026. Method. CSV for every state, New York included
More on New York
Questions
Is electricity getting more expensive in New York?
The New York home price went from 14.04 ¢ per kWh in 2001 to 26.39 ¢ in 2025 as printed (+88.0%). After inflation New York changed +3.4%, against +10.9% for the U.S.
What is the New York home electricity price in 2025 dollars?
New York paid 25.52 ¢ per kWh in 2001 (in 2025 dollars) and 26.39 ¢ in 2025. The New York series low is 22.59 ¢ (2019) and the high is 27.67 ¢ (2010).
New York: how does it rank on electricity prices against inflation?
New York ranks 14th of 51 on the real change since 2001 (+3.4%), and 47th on the change since 2019 (+16.8%).
New York homes in 2025 against 2019: how much more?
New York went from 17.94 ¢ to 26.39 ¢ as printed (+47.1%), and from 22.59 ¢ to 26.39 ¢ in 2025 dollars (+16.8%).